Russia Recession is Inevitable

Since the beginning of the year several major events have helped shape the Russian economy, which is dangerously close to falling into recession. Beginning with the Crimea conflict and unrest in Ukraine – to which Russia have been strongly connected – and culminating in tumbling oil prices, President Vladimir Putin only needs to see two full months of shrinkage before they officially fall into recession. So what will become of the Russian economy and can it be saved ?

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